Renewables could help cut the cost of miner’s energy bills by half
According to a paper released by Deloitte, the mining industry could save up to 50% on energy costs through implementing effective energy management programs.
The paper, dubbed Renewables in Mining, discusses the influence that renewable energy sources have on the sector, and the advantages of utilising them more.
Renewables would offer a competitive advantage, as well as reducing greenhouse gas emissions and make energy use at operations more manageable.
According to Deloitte’s Consulting Mining Leader, David Cormack, energy is one of the largest expensive of the industry, covering 30% of total operating costs.
“Our analysis shows that having an effective energy management program in place, and with renewables a major component of this, miners can substantially reduce their energy costs, by up to 25% in existing operations and 50% in new mines.”
“With renewable energy fast becoming a mainstream energy source, mining companies have a material opportunity to use renewables to lower costs, improve safety, reliability and sustainability, and mitigate risks to ultimately gain a competitive advantage,” he comments.
“The ability to reduce emissions and preserve, or enhance, the mine’s social license to operate increases the size of the prize even more.”
The benefits of renewables are even greater when they are used for the planning, design, and building of new mines.
All but two UK regions failing on school energy efficiency
Most schools are still "treading water" on implementing energy efficient technology, according to new analysis of Government data from eLight.
Yorkshire & the Humber and the North East are the only regions where schools have collectively reduced how much they spend on energy per pupil, cutting expenditure by 4.4% and 0.9% respectively. Every other region of England increased its average energy expenditure per pupil, with schools in Inner London doing so by as much as 23.5%.
According to The Carbon Trust, energy bills in UK schools amount to £543 million per year, with 50% of a school’s total electricity cost being lighting. If every school in the UK implemented any type of energy efficient technology, over £100 million could be saved each year.
Harvey Sinclair, CEO of eEnergy, eLight’s parent company, said the figures demonstrate an uncomfortable truth for the education sector – namely that most schools are still treading water on the implementation of energy efficient technology. Energy efficiency could make a huge difference to meeting net zero ambitions, but most schools are still lagging behind.
“The solutions exist, but they are not being deployed fast enough," he said. "For example, we’ve made great progress in upgrading schools to energy-efficient LED lighting, but with 80% of schools yet to make the switch, there’s an enormous opportunity to make a collective reduction in carbon footprint and save a lot of money on energy bills. Our model means the entire project is financed, doesn’t require any upfront expenditure, and repayments are more than covered by the energy savings made."
He said while it has worked with over 300 schools, most are still far too slow to commit. "We are urging them to act with greater urgency because climate change won’t wait, and the need for action gets more pressing every year. The education sector has an important part to play in that and pupils around the country expect their schools to do so – there is still a huge job to be done."
North Yorkshire County Council is benefiting from the Public Sector Decarbonisation Scheme, which has so far awarded nearly £1bn for energy efficiency and heat decarbonisation projects around the country, and Craven schools has reportedly made a successful £2m bid (click here).
The Department for Education has issued 13 tips for reducing energy and water use in schools.